tv News Nation MSNBC March 1, 2013 11:00am-12:00pm PST
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friday. the "news nation" following developing news. $85 billion worth of automatic cuts will start kicking in later today. there was no 11th hour deal. there was, however, a meeting between president obama and congressional leaders. then, a frustrated president took the podium. >> i told them these cuts will hurt our economy. they'll cost us jobs. and to set it right, both sides need to be willing to compromise. let's be clear. none of this is necessary. it's happening because a choice that republicans in congress have made. they have allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit. >> house speaker boehner reacted right after the meeting. >> to house is going to move a continuing resolution next week to fund the government past march 27th. i'm hopeful that we won't have
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to deal with the threat of a government shutdown while we're dealing with the sequester at the same time. the house will act next week and i hope the senate will follow suit. >> meanwhile, many lawmakers seeing the writing on the walls, apparently. high tailed it out of washington yesterday for a three-day weekend. not democratic congressman schiff of california. joins me now live from d.c. good to see you. >> good to see you, craig. >> the president said people will feel these cuts the longer they stay in place and doesn't seem to be a great deal of urgency to fix this. what do you say to confused people who are watching right now who are wondering how we got here, why this happened and what d.c. is going to do to fix this? >> well, it is excruciating for the american people an the most problematic part of it is our economy is poised to really recover but we have these
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man-made crises in congress that continue to get in the way. and, you know, at the bottom line is i think that in order to get to yes and have a compromise, both parties have to be willing to put something on the table, and right now, at least in the house gop, there is not a willingness to come to the table and it's been pretty clear i think for a month or a month and a half that the speaker made the decision we were going to have the sequester. it was necessary for him to have it go in to effect to manage the expectations of his own conference and never any serious notion going on. this is anti-climatic and the house adjourning for the weekend. i mean, it's terribly irresponsible, i think, adjourning now and leaving this undone. there's a willingness on one side. if we can't get rid of a few special interest tax breaks to avoid additional cuts to defense and nondefense discretionary spending, it is crazy. we have to keep in mind
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nondefense discretionary spending already even before the sequester at the lowest level of 50 years. >> i want to get your reaction of what republican congressman mike turner said earlier today here on msnbc. >> you're standing here with the president broken the campaign promise, signed sequestration in place without after a year and a half a proposal that would replace it. he talks in broad concepts and says that he's blaming the republicans and the tea party. the fact is he hasn't turned in the homework. the only work on sequestration out of the white house is the press shop. >> your response, sir? >> well, the president has put something on the table and he's done this for months. we had an election over this and what the president has put on the table is a balanced program that, yes, cuts spending even more but also raises revenues by doing away with tax loopholes enjoyed by hedge fund billionaires or jet plane owners or oil industry making the
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largest profits in its history but instead the gop position seems to be, we're ready to cut health care for poor seniors before we'll do away with the tax break for hedge fund billionaires and that's not where the american people are or republicans around the country so i think the president has done his part and if you look at what the president has already agreed to, we've done about 2.2 trillion in deficit reduction already. and 2 to 1 it is spending cuts. >> congressman, not to cut you off there but really quickly because you mentioned something that the president mentioned at least half a dozen times in the press conference today, he talked about the american people being behind him, as well, and that the results -- as a result of the election, this is the balanced approach that most americans would like to see done. do you think that the gop has just decided to heck with public opinion? >> i don't think the gop has but i really think that unfortunately the speaker is beholden to this clique within his conference of the tea party
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members who come from very safe gerrymandered districts and unwilling to budge and to be speaker he has to placate them and i don't think it's something he's eager to do and i think at heart more of a pragmatist but led by the majority of the members and they're willing to really i think expose to great risk the moderate members of the gop in the house to take this extreme position and it will probably take as the president says these members hearing from the public as the pain of the sequester goes in to effect before they'll be willing to come to the table and get to yes. >> democratic congressman schiff of california, good to see you, sir. >> good to see you. after his meeting at the white house, david gregory sat down with speaker boehner and talked about what happened behind closed doors. >> as we sit here friday afternoon, you have emerged from a meeting at the white house. there is no deal. take me inside the room. what happened? >> well, very nice, polite discussion but i had asked the
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president and senator reid to come with a plan to replace the sequester. you know, listen. we have known about this for 16 months. and yet, even today, there's no plan from senate democrats or the white house to replace the sequester. and over the last ten months house republicans have acted twice to replace the sequester. >> in the end, you don't really see a pathway here that's open as you sit here? >> if i did, the meeting at the white house this morning whif gone better. >> of course, you can catch that full interview this sunday on "meet the press." i want to bring in politico's ken falger, jonathan capehart and zachary karabel. ken, politico lays out when the sequester impact is going to be felt. next week, furlough notices to government agencies start going
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out. states start getting word on federal grants for the rest of the fiscal year. later this month, teacher layoffs and changes to afterschool programs start. agriculture programs for the poor affected and cuts could start affecting opening a fishing season in federal waters, as well. the next month, the cuts really hit. furloughs of government workers take effect. could result in flight cancelations, delayed meet inspections. national parks may not open. and as april 15th arrives, tax day, of course, there will be less help for taxpayers, possibly refund delays in tax refund checks. what are the chances, ken, all of this gets fixed by april 15th? >> i would say fairly slim. i think that there's a real possibility that the cuts, the sequestration cuts could become sort of a baseline and as we see as more people see effects of some of these impacts that we just talked about, actually impacting their daily lives, and
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there emerges potentially some outcry over that, then congress could address the things in a piecemeal fashion and see we that plan sort of manifesting itself. house republicans talking about passing a continuing resolution that would allow the government to have funding, particularly the pentagon, to have a wriggle room within the sequestration cuts when the government runs out of funding on march 27th. you know, if there are -- if there's a public outcry and so far we should say we don't really see it in the polls. we don't see people particularly paying attention and even he split of folks to let the cuts go in to effect so i think if there are things that caused a public outcry, those things will be addressed but not a grand bargain. >> jonathan, ken makes a good point there. why haven't taken to the streets? the president is out there two, three, four weeks making the
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case at pretty much every opportunity. why haven't folks seemed to respond this i'm? >> because as ken said, they're not feeling it yet. we have been through this so many times. with the debt ceiling, the fiscal cliff. all of these, you know, warnings. dire consequences if we don't get something done. and when we go over the cliff, nothing happened. i think ken is right. until the american people feel it, they're not going to believe it. i was under the impression that, you know, congress is going to use this month between now and when the furloughs are supposed to hit on april 1st as this gives them the air that they need to work out a deal and then get it done before the real hammer hits. to hear ken say he doesn't think something happens before april 15th maybe then the american people see that this just isn't, you know, washington playing games or playing kabuki theater for the fun of it or just plain politics but real world
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consequences for the inaction here in washington. >> zachary, the president said for every month that the sequester does not get fixed, the toll on the economy will get worse. expected to take at least 5/10 of a percent, a total. 750,000 jobs. that's what the president and economists said, as well. you tyke a look at the markets right now. wall street seems to be reacting to the impact with a yawn. the dow right now up about 38 points. how bad will this hurt the recovery in the short and long term? >> first of all, on jonathan's point, congress could pass a continuing resolution to fund the continuing resolution of the government until another date in time and give us a perfect date to talk about something but, you know, there is a degree at which, yes, no one really believes this is going to have a negative effect. none of the things to have a negative effect have had such a negative effect. on this congressional budget office expectation, it's .6 of
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1% of economic growth. the president is talking about all these dire consequences. you know, no one really knows. we know this is less than 2.5% of the federal -- of the federal budget. we know this is less than .6% of the overall u.s. economy. none of those are a huge figure. it is if you are in the military industrial industry. right? if you're lockheed martin and facing significant cuts, multi-billion dollar programs to cuts, this makes a difference. for the rest of us, it's a much less clear thing as to how this is going to affect because we are not talking in percentage terms such vast amounts of money. >> president obama said there is what he calls, quote, a caucus of common sense on capitol hill. take a listen. >> i do know that there are republicans in congress who privately at least say that they would rather close tax loopholes than let the cuts go through.
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i know there are democrats who would rather do smart entitlement reform than let the cuts go through so there's a caucus of common sense up on capitol hill. it's just it's a silent group right now. >> ken, where are these people? where are the common sense caucusers? >> well, there's a lot of talk going on behind closed doors and, you know, took it to the highest levels just this morning at the white house. but look. if there were these grand bargains to be made, they would have been made. that's the point of the sequester. to force people to come to the table to resolve the big picture issues. we're kind of increasingly coming to the conclusion they're unresolvable and what the sequester is supposed to do, take it out of congress's hands if they could not come and the white house's hands if they could not come to a big agreement. this is exactly how this was supposed to play out and now the question is whether this becomes the baseline for sort of future
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fiscal decisions and future budgeting or whether there is, you know, room for some grand bargain. i don't see it. >> one of the things people said is the negative consequence is not the economic effects. it's that to really deal with long-term budget issues, this doesn't get you there. and it removes a lot of ability to then have meaningful conversations about smart entitlement reform, spending for growth. it is not that the sequester does harm but the very fact of not being able to talk about these things will in fact do us harm. >> jonathan, a thing that struck me during the news conference this morning was when the president was asked how much blame he deserves for all of this. this is what president obama said. take a listen. >> i've offer eed negotiations around that kind of balanced approach and so far we have gotten rebuffed because what speaker boehner and the republicans have said is we cannot do any revenue.
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we can't do a dime's worth of revenue so what more do you think i should do? >> jonathan, what more can the president do? >> craig, i'm not sure. and to go back to something i think it was ken who said this about, you know, these issues aren't resolvable. they are resolvable but what's required is people on capitol hill who aren't looking over their shoulder worried about a primary challenge from the left or the right but who are worried about the future of the country. you need to have sort of what the president was talking about, this common sense caucus to stop being silent and stop being in the shadows and to step forward and to help push things along. you know, the fact that speaker boehner, you know, can't seem to get anything done without driving the tea party caucus, you know, of his majority crazy, it's a very sad thing. so while -- these issues are resolvable, unfortunately, it doesn't seem like there are any
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people in capitol hill willing to show some leadership to resolve them. >> ken -- >> not resolvable on capitol hill. that's sort of the problem and not just the republicans who are concerned about tea party challenges in primaries. it's democrats who are concerned about triggering outrage among their base for addressing some of these entitlement issues so, you know, the simpson-bowles commission -- >> vice president biden. a lot of folks spent time closed doors past two years and look where it got us. >> it's not reinventing the wheel. >> my hope was that the three of you would be able to come up with a solution. you have disappointed me. >> behind closed doors. >> deeply sorry about that. >> we'll try mine later. coming up, the president urges the supreme court to strike down california's ban on gay marriage and according to a blog, he was directly involved in fashioning the argument against the law. in the end, will the president's
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opinion do anything to sway the high court's conservatives? plus, governor romney has just given his first sit-down interview since losing the election. >> we were on a roller coaster, exciting, thrilling, ups and downs but the ride ends and then you get off. >> join our conversation on twitter. [ male announcer ] marie callender's puts all the things we love about sunday meals into each of her pot pies. like tender white meat chicken and vegetables in a golden flaky crust that's made from scratch. marie callender's pot pies. it's time to savor.
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couples but deny them the right to marry. today the president reiterated his position. >> whenever a particular group is being discriminated against, the court asks the question, what's the rational for this and it better be a good reason. and if you don't have a good reason, we're going to strike it down. >> nbc news justice correspondent pete williams is standing by for us in d.c. pete, how significant is the administration's friend of the court brief? >> well, i guess there are a couple of ways to look at it, craig. first of all, it's the first time the president, the administration has ever directly urged the supreme court to offer expansive protections for same-sex couples for the right to get married and what they say here is that if a state gives all the privileges of marriage, same-sex benefits, civil unions, this kind of thing, but doesn't grant the word marriage, then there's no principled reason for that and that's unconstitutional discrimination. now, if the supreme court were to accept that logic, that would
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apply to california, of course, which had same-sex marriage and then blocked by prop 8 and it does have civil unions but also applies to delaware, hawaii, nevada, oregon, new jersey and rhode island. the administration doesn't directly ask the supreme court to say that those states must allow same-sex marnl briage but that's the logic. the broader sense is that if the supreme court accepts the analysis the administration has here, that the courts must give extra special scrutiny when considering discrimination against same-sex couples, then if that logic is accepted, that would perhaps mean the beginning of the end of the ability of states to have any constitutional protection for the states that want to deny same-sex couples the right to get married. >> what do we know about how involved the president was himself in crafting this position? >> well, whether he went line by lion but he was certainly involved in the decision to do
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it. he felt very strongly about it and the white house counsel's office was involved in helping to do that. that's not unusual in a situation like this where the justice department is advocating not only a legal argument, but also, a policy argument, if you will, which is, you know, this brief is a little bit of both. >> have republicans also submitted a brief against prop 8? >> there is a brief filed, there's an interesting brief. one from corporate america says it's confusing to adjust the benefits based on whether a state does or does not grant same-sex marriages and big companies involved in that. nike, for example. microsoft. but there is, yes, a brief from some current and former mostly former elected officials, republican officials who also criticize prop 8. >> all right. justice department correspondent pete williams for us in d.c. good to see you. for the insight. >> yes, sir. coming up, the postscript. looking back at the week in
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politics, a week that the first read team calls, quote, absurd. also, dennis rodman wrapping up the trip to north korea. he's now talking about the rare experience. >> it's proud. his country likes him. not like him. love him. love him. yes, yes. they love him. the guy's awesome. >> bizarre. but it is just one of the things that we thought you should know. that's coming up. hey. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more.
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[ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. time now for the "news nation" political postscript. a week dominated by the sequester deadline and while there was not much in the way of the negotiations to avoid the historic spending cuts from taking effect, there was a whole lot of talking coming from both sides. >> these cuts do not have to happen. congress can turn them off any
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time with just a little bit of compromise. >> we have moved the bill in the house twice. we should not have to move a third bill before the senate gets off their ass and begins to do something. >> i think he should understand who is sitting on their posterior. the speaker's doing nothing to try to pass anything over there. >> i don't think we can maintain the same level of security at all places around the country with sequester as without sequester. >> it is going to be harm. there's going to be pain and the american people will be less safe. >> the president's a master creating the impression of chaos. >> i don't think they're kicking the can down the road but nudging the potato across the table with their nose. >> rise up, oh god, and save us from ourselves. >> amen. that was my favorite from the week, by the way. domenico, the senate chaplain, could be the motto for congress in general.
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you're calling this an absurd week. explain. >> i don't think the good revere reverend's prayers answered there because we are right at the -- we are at sequester day and we're going to go right past it. you saw the president, his white house press briefing more really about blaming republicans than it was about trying to figure out how to get past this and come up with a deal. he said i've done everything i can do and up to republicans to accept the revenues. republicaning say no way, not going to happen. they won't budge and it's an absurd week. >> you pointed out this morning that the messaging of the gop as far as how damaging the cuts will be has really been all over the place. >> well, it has. i mean, you have some folks who want to deal. they want to -- they sound like they might want to get rid of some of these loopholes or deductions or at least potentially entertain the idea and then other who is say, you know what? we need to cut spending in government and what we were
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elected to come here to do and what the sequester does and maybe it's not perfect but it's better than having to accept tax increases which would be less palatable to the republican base. >> what's the likelihood that we see some sort of short-term sequester fix in the next month or two? >> i don't think you're going to see one. i mean -- >> at any point? >> well, you know, i think it's less likely that we are going to -- more likely that the law will remain for the rest of the year than it is that there's a deal of some sort. march 27th is next thing to look at, continuing resolution to fund the government expires and runs out. we saw john boehner earlier today say that, look, we'll come up with something next week for another continuing resolution to push off some of this a little bit further down the road so that we're not talking about government shutdowns again, but you know, does it get through the senate? sequester is not something that they're even talking about at this point.
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may, you have the debt limit. and of course, that's been a flash point and no one wants to talk about sequester for that, as well. so, you know, this -- what was conventional wisdom that perhaps they'd come up with something in the budget to shut off the sequester looks less likely. >> thank you, sir. have a great weekend. >> same to you, craig. up next, congressman peter king lashing out at senator marco rubio for voting against superstorm sandy aid and then showing up in the big apple. also, the pope's apartment, there it is right there. that apartment is now sealed. it won't reopen until the next pope is elected. live to rome with more on when that process could begin. there's a lot going on today. here's a few things to know. dennis rodman has apparently grown quite fond of north korean leader kim jong-un and what he told leaders after he left
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pyongyang after watching a basketball game and having a little din we are the leader. >> he was so honest. and one thing that, guess what? his grandfather and his father were great leaders. and he's such a proud man. i love him. i love -- the guy's awesome. >> dennis rodman there. he was in north korea to film a documentary for hbo. his visit coming just weeks after the north koreans conducted a nuclear test that was, of course, condemned by the united states and the united nations. and it's the return of amtrak joe with the sequester cuts looming, the vice president said he'll do miss part to sam some money and happily stop taking air force two and start riding the train again. just like he did when he was a senator. mitt romney, broken his post-election silence in an interview to air on fox news
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sunday. governor romney talks about the days as a presidential candidate. >> we were on a roller coaster. exciting and thrilling, ups and downs but the ride ends and then you get off. and it's not like, oh, can't we be on the roller coaster the rest of our life? no. the ride's over. [ susan ] ...as though he had never left. the end. lovely read susan. but isn't it time to turn the page on your cup of joe? gevalia, or a cup of johan, is like losing yourself in a great book. may i read something? yes, please. of course. a rich, never bitter taste cup after cup.
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cardinals from around the world started the process of picking the next pope. the college of cardinals held informal meetings today, they'll officially meet monday night to plan the secret collection election of their next leader. meanwhile, church officials sealed the papal apartment. the strips of tape and red ribbon only removed when the next pontiff enters. that means the vatican secretary of state is running the church until the next pope is named. nbc's claudio lavanga is live at the vatican for us. can anything be gleaned from the time it takes the cardinals to even set a date for the
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conclave? >> reporter: well, craig, yes, we do. the longer to take to decide a state for the start of the conclave and the more clear and transparent it will become that they don't have an idea of who the front-runner if not the front-runners are in this election and that's still seems to be the case because the decision by pope benedict xvi to abdicate not only caught the catholic world off guard and surprised his own cardinals who didn't know about it to the point that today australian cardinal criticized for the first time the decision by benedict xvi to abdicate saying that was a break from tradition that also destabilize the catholic church. well, the man at the center of it all, pope benedict xvi told today on the first night as pope emeritus last night, had a quiet night in. watching the italian news that covered extensive the abdication
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and had a very nice night of sleep. well, the people that might find a little more difficult to sleep these days are the 115 cardinals who are called to decide on who the next spiritual leader of the 1.2 billion catholics around the world will be, of course. well, the bets are on in every sense, craig. of course, the betting agencies have started to give out their stats on who the front-runners are. let me just read you some of them. given out by patty powers. well, we have, for instance, 3:1, cardinal turkson of ghana. he is tipped to become the first black pope in history. and seems to have according to what we have seen today some very proactive supporters. well, posters has started appearing all over rome that says vote for turkson as if it's any other political election. well, then at the same odds,
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3-1, is cardinal from milan, a very well respected italian cardinal. top of the list on the italians. 71. the only thing that seems to have against him since he is the dean of college of cardinals right now and he knows the vatican inside out, the only thing against him is that he's italian in the first place because even though the italians make out most of the college of cardinals, the time seems to be ripe for a nonitalian, noneuropean pope for the first time in history. well, it's just move on to the 4:1 odds, another italian here, cardinal bertone, the vatican secretary of state. a strange selection because he's been much criticized in the past few years for his role as a secretary of state. of overpowering role in a way as he was criticized by the detractors for gaining too much power and running the church
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more than the pope does. then we have 7:1 cardinal marc ouellet of canada. speaks six languages and said being a pope would be a nightmare. i could carry on, craig, but of course the list is long. >> sounds like he wants the job. >> reporter: front-runner there. obviously, the cardinals officially -- need to be guided by the holy spirit and the only one -- only answer to who will be the next pope seems to be really only god knows. >> only god knows. claudio, thank you so much for that. from italy with the patty power betting odds, as well. appreciate your work, sir. coming up, back here, the city of detroit in the midst of a financial emergency. what the governor of michigan now wants to do and who's against it. also, a frightening story from florida. a man in his bedroom in the middle of the night when the ground opens up and sucks him in. >> they rushed in.
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♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. it's a miracle. a new procedure from switzerland allows once paralyzed lab rats to walk and run again. using robotic harnesses and electrical chemical stimulation, the rats learn to move and in weeks voluntarily moving. human trials are expected to begin in the next two years. a senior republican congressman telling donors not to give money to certain members of his own party. new york's peter king who represents long island is blasting florida senator marco
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rubio and other gop lawmakers. king is attacking them for coming to new york to fund raise even though they voted against a hurricane sandy emergency relief bill. congressman king telling "the new yorker observer," quote, being from new york we're not supposed to be suckers. it's bad enough that these guys voted against it. that's inexcusable enough. but to have the we'll say audacity here on cable, this isn't premium cable. we'll go with audacity. to have the audacity to come in and say we crewed you, now make us president? no comment yet from rubio and the others. while lawmakers squabble over hurricane sandy, the storm survivors are busy rebuilding their lives. in fact, take a look at surveillance video of surfside bagels. you can see right there a wall of water rushing down the street and into the front door. one of the owners described the extent of the damage to us.
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>> when i came in to the store, i just couldn't believe what i saw. everything in here was wrecked. everything was -- had water damage. the appliances and the equipment was turned around. looked like it was ransacked. that investment, all this time and money and energy in an instant was just gone. >> but that bagel shop one of the first to rise above and say we're open thanks to the generous help of others. with me now, j.j. ramberg host of "your business" here on ms c msnbc. sounds like a heartwarming story. >> i hear them and see the footage and still want to cry. these are two new york city firemen put the savings, they have families, put everything they have in this bagel shop. they were so busy, saving other people. as their entire life savings went away. >> who came to help? >> this is such an amazing story. front street in connecticut wanted to help somebody so they
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just found them and they did $100,000 worth of free work. >> wow. >> cleaned -- i mean, they had mold on the walls. had to redo the floors, the equipment. we came in with the "your business" makeover team to talk about what to do to get doors open and customers through the doors. >> what did the reopening mean for people who are still in that community? >> so that community was -- it was damaged terribly. when we went there and we had the reopening, there was a guy coming by. he said, are you open? really, really? >> must be good bagels. >> great bagels an it's so exciting to just see some movement and have life coming back to that neighborhood. it's tough. it's still really tough out there. >> this is one of those businesses that got lucky in a lot of ways. what can other businesses do? how can other businesses find help to reopen, as well? >> there's money to be had. there's sba loans. they applied for one and waiting to get it. their other community and
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government organizations to go to. but keep in mind, i just want everyone to know, though there's money to be had, it's hard to rebuild. as i said, they have $100,000 worth of free work out there. when you hear an organization is donating $1 million to a community, you know, that's a lot but it doesn't help everyone. >> all right. cool story. you can learn more about it this week on "your business." every sunday, 7:30 a.m. right here on msnbc. thanks for stopping by. >> thank you. searching for a man sucked in to a sinkhole tops the stories around the "news nation" this friday. today, a family near tampa, florida, heard a crashing sound and tound the 30-foot deep hole in a bedroom. a man had to be rescued trying to rescue his brother. crews have not found signs of life in the sinkhole. officials say the hole could grow even larger. michigan's republican
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governor's declared a state of financial emergency in what was once the country's most prosperous city. the big "d" detroit, rick scott said he settled on a fiscal candidate. they're threatening a lawsuit if a manager is apointed. the city has a ten days appeal period. the faa investigating after this video emerged from on board a frontier airlines flight. that clip shows colorado college students performing, that's right, you guessed it. it's the harlem shake. they did it at 30,000 feet in the air. the faa didn't think it was funny. the airline says all safety measures were followed. the conversation continues. up next, the "news nation" "gut check." one on the sequester and whether leaders find the solution before the effects start to kick in. come back. ll
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quick correction here before we go forward. we told you about the economic woes of the city of detroit. i mistakenly said governor rick scott. i meant governor rick snyder. we apologize for the mistake. we end right where we began with the sequester set to kick in later today. no sign of a deal to stop it. a white house meeting between president obama and congressional leaders a few hours ago failed to produce any signs of progress. both sides holding the ground. the finger pointing continues, as well. nbc news capitol hill correspondent luke russert joins me now. luke, most members of congress have gone home, nothing expected to happen over the weekend. what will happen when congress returns monday? >> well, what will happen, craig, is that the house gop will move forward on constructing their budget for the rest of this fiscal year. and that budget will be written as the sequester is become law so that instead of a baseline
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of -- sorry, 1.043 trillion it's a baseline of 974 billion. that's a wonky thing to say but important because skets like the 974 billion number believe it's a significant cut in spending and why john boehner would have a real difficult time actually trying to do anything to replace the sequester. conservatives don't want a budget above that number. he said as much to david gregory today saying he sees no clear pathway. next week you will see the republicans write their budget for the rest of the year with the sequester in place and as things happen in washington, craig, as you know from your time here, once something is a law in d.c. it's hard to undo. so business will go on as usual as the sequester is the law of the land and a strong segment of folks in the house that don't want to change that. they'll try to make moves to
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undo it. but there's no clear pathway in the near future. >> luke russert from d.c. thank you. have a fantastic weekend. >> likewise. that brings us to today's "gut check." what do you think? do you think there's a solution before feeling the affects? sequestration solution. say that three times fast. we have an update for you on yesterday's "gut check" of what's been a sideshow to the sequester, if you will. the battle brewing between the white house and journalist bob woodward. started when woodward claimed that president obama initially said taxes should not be a part of sequester fight and now a change that woodward called moving the goal post. woodward got a testy phone call, testy e-mail from the president's economic adviser gene sperling and a then an e-mail apologizing for the call and woodward complained all week
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that the e-mail suggested he would regret. was that a threat? well, here's woodward and former top obama adviser and david a l axelrod today on "morning joe." >> i said i don't think this is the way to operate and you and i have had many discussions. you never said to me you're going to regret doing that. am i correct? >> yes. but this was a specific discussion about a specific point you had raised. it seemed like gene was -- in that e maim certainly very, very polite in the way he pushed -- you should have heard the -- >> i'm not putting words in your mouth, bob. your newspaper said you said you were threatened. >> that said. we asked yesterday right here, based on the e-mail, do you think that the white house threatened bob woodward? 6% of you said yes. 94% of you said no. that does it for this friday edition of "news nation."
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